The Qatar Stock Exchange (QSE) index declined 209.86 points, or 2.01% , during the trading week to close at 10,241.61. Market capitalisation decreased by 1.65% to QR552.2bn versus QR561.5bn at the end of the previous week. Of the 44 listed companies, 12 ended the week higher, while 30 fell and two remained unchanged. Doha Insurance (DOHI) was the best performing stock for the week with a gain of 4.8% on only 35,503 shares traded. On the other hand, Gulf international Services Co (GISS) was the worst performing stock with a decline of 6.9% on 1.1mn shares traded.
Industries Qatar (IQCD), Commercial Bank of Qatar (CBQK) and QNB Group (QNBK) were the primary contributors to the weekly index decline. IQCD was the biggest contributor, erasing 28.3 points from the index. CBQK was the second biggest contributor to the decline, deleting 21.6 points from the index. Moreover, QNBK erased 18.1 points from the index. On the other hand, Ezdan Holding Group (ERES) added 8.7 points.
Trading value during the week decreased by 11.02% to reach QR970.06mn versus QR1.09bn in the prior week. The banks and financial services sector led the trading value during the week, accounting for 35.9% of the total. The telecoms sector was the second biggest contributor to the overall trading value, accounting for 19.7% of the total trading value. Vodafone Qatar (VFQS) was the top value traded stock during the week with total traded value of QR161.0mn.
Trading volume increased by 16.27% to reach 45.1mn shares versus 38.9mn in the prior week. The number of transactions decreased by 4.21% to reach 13,667 versus 14,267 transactions in the prior week. The telecoms sector led the trading volume, accounting for 37.9%, followed by the banks and financial services sector which accounted for 29.6% of the overall trading volume. VFQS was the top volume traded stock during the week with total traded volume of 16.7mn shares. 
Foreign institutions turned bearish with net selling of QR6.9mn versus net buying of QR28.1mn in the prior week. Qatari institutions turned bearish with net selling of QR3.9mn versus net buying of QR8.6mn the week before. Foreign retail investors remained bearish with net selling of QR7.6mn versus net selling of QR16.9mn in the prior week. Qatari retail investors turned bullish with net buying of QR18.3mn versus net selling of QR19.7mn the week before. 
In 2017 year-to-date, foreign institutions bought (on a net basis) $795mn worth of equities.